MIS 2101 Project 1 Business Applications

MIS 2101 Project 1
Business Applications
Name
Andre Hartman
PART A – Customer Relationship Management
ANSWER THE QUESTIONS FOR PART A HERE
QUESTIONS
YOUR ANSWERS
Developing a CRM strategy is discussed in
chapter 8 of the Valacich book.
 What changes are necessary for an
organization to successfully
implement a CRM?
The changes that are necessary for an
organization to successfully implement a
CRM include changes to: policies and
business processes, customer service,
employee training, data collection, analysis
and sharing.
In chapter 8 of the Valacich book, the
terms analytical CRM, collaborative CRM
and operational CRM are introduced.
According to the book,
What is an analytical CRM?
What is a collaborative CRM?
What is an operational CRM?
Analytical CRM: Systems for analyzing
customer behavior and perceptions (e.g.,
quality, price, and overall satisfaction) in
order to provide business intelligence.
Collaborative CRM: Systems for providing
effective and efficient communication with
the customer from the entire organization.
Operational CRM: Systems for automating
the fundamental business processesmarketing, sales, and support-for
interacting with the customer.
List one function that a CRM performs for
the sales organization (from the Microsoft
site).
List one function that a CRM performs for
marketing organizations (from the
Microsoft site).
Track sales opportunities.
Use sales data to better foresee
marketing opportunities.
1
List one function that a CRM performs for
customer service organizations (from the
Microsoft site).
Obtain timely approvals.
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PART B – DECISION SUPPORT SYTEMS
ANSWER THE QUESTIONS FOR PART B HERE
QUESTIONS
YOUR ANSWERS
Which Sales Plan scenario provides the
highest total revenue (printer & ink
cartridge) over the life of the product?
Which Sales Plan scenario provides the
highest level of total profit (printer & ink
cartridge) over the life of the product?
Sales Plan #2 provides the highest total
revenue over the life of the product.
Sales Plan #2 provides the highest level of total
profit over the life of the product.
Can it make sense to sell printers at a loss, in
order to maximize revenue and profit?
Yes, it makes sense to sell printers at a
loss, in order to maximize revenue and
profit because customers buy printers
once in a while, but printers will always
keep consuming ink. Sales Plan #2 has
negative printers profit and provides the
highest level of total revenue and total
profit than any of the Sales Plans.
As a manager using this DSS application,
I would choose Sales Plan #2 because it is
going to be the most profitable for my
company in the end.
Why?
As a manager using this DSS application,
which Sales Plan would you choose?
Why?
Table A
Sales & Marketing Scenarios: To be used for your DSS evaluations.
Sales Plan 1:
Price Assumptions
Price:
Average Printer Life(years):
Printer Profit Margin:
Highest Expected Yearly Sales:
Cartridge Assumptions
Cartridge Price:
Frequency of Cartridge Purchase:
Cartridge Profit Margin:
$75
3
-20%
1,500,000
$40
6 mos.
65%
Sales Plan 2:
Price Assumptions
Price:
Average Printer Life(years):
$65
3
3
Printer Profit Margin:
Highest Expected Yearly Sales:
Cartridge Assumptions
Cartridge Price:
Frequency of Cartridge Purchase:
Cartridge Profit Margin:
-30%
2,000,000
$65
6 mos.
70%
Sales Plan 3:
Price Assumptions
Price:
Average Printer Life (years):
Printer Profit Margin:
Highest Expected Yearly Sales:
Cartridge Assumptions
Cartridge Price:
Frequency of Cartridge Purchase:
Cartridge Profit Margin:
$95
3
25%
985,000
$40
6 mos.
45%
Sales Plan 4:
Price Assumptions
Price:
$50
Average Printer Life (years):
3
Printer Profit Margin:
10%
Highest Expected Yearly Sales:
1,600,000
Cartridge Assumptions
Cartridge Price:
$46
Frequency of Cartridge Purchase: 6 mos.
Cartridge Profit Margin:
60%
________________________________________________________________________
Paste screen shots here:
Sales Plan #1:
4
Sales Plan #2:
5
Sales Plan #3:
6
Sales Plan #4:
7
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PART C: Business Intelligence
Questions for BI Assignment:
QUESTIONS
YOUR ANSWERS
Which customer spent the least amount of Lopez Maria spent the least amount of
money in February.
money in February?
Which customer spent the most in February Rose Clair spent the most in February and
and which sales person was responsible for Dakic was responsible for the majority for
the majority of these sales?
the sales.
Which product provided the most revenue?
Laser printer provided the most revenue.
Which salesperson provided the most sales Jenkin provided the most sales revenue.
revenue?
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